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ALBANY, N.Y. -- Capital District Regional Off-Track Betting is counting on a win with a new 25,000 square foot betting facility.

The Clubhouse Race Book officially opened Tuesday on Central Avenue.

The new place has state-of-the-art sports and racing simulcasts with 250 flat screens, a sports bar and room for 1,000 fans.

Clubhouse Race book replaces the former Albany teletheater, which is slated to be demolished later this month.